Cover -- Halftitle page -- Title page -- Copyright page -- Title page -- Copyright page -- Dedication page -- CONTENTS -- TABLES -- PREFACE -- ACKNOWLEDGMENTS -- CHAPTER 1 Introduction -- CHAPTER 2 The Missing Geography of Capital Markets -- CHAPTER 3 Conceptualizing Regional Financial Markets...

When faced with a liquidity trap, a "traditional" open market purchase will generally be ineffective. Theoretical studies have suggested that intervention in other markets could offer a means of escaping from this trap. We provide some empirical evidence on the importance of non-traditional open...

Although it has been well established that financial volatility is related to news and macroeconomic shocks, there has been less emphasis on the importance of underlying economic and political stability. In this paper we study the behavior of consol returns since 1729 and identify a...